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THE FIFTH SCHEDULE [see section 18(1A)] Part Import of Plant, Machinery, Equipment and Apparatus, including Capital Goods for various industries/sectors Note: For the purposes of this Part, the following
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How to fill out low custom duties on

01
Research the harmonized tariff code for the goods you are importing
02
Ensure you have all necessary documents such as commercial invoice and bill of lading
03
Declare the value of the goods accurately to avoid suspicion of under-declaration
04
Consult with a customs broker for guidance on navigating the customs process
05
Be honest and transparent in your dealings with customs officials

Who needs low custom duties on?

01
Importers who want to minimize costs and avoid delays in the customs clearance process
02
Businesses looking to stay compliant with customs regulations and avoid penalties
03
Individuals who are importing personal goods and want to ensure a smooth customs clearance process
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Low custom duties are typically applied to imported goods at a lower rate than standard custom duties.
Importers of goods that qualify for low custom duties are required to file them.
Low custom duties can be filled out using the appropriate customs forms provided by the relevant customs authority.
The purpose of low custom duties is to encourage trade by reducing the cost of importing certain goods.
The information reported on low custom duties includes details about the imported goods, their value, and their country of origin.
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